An interest rate whipsaw, and stocks eke out a week of gains 3/24/23
CNBC's "Fast Money"
CNBC
3.9 • 1.3K Ratings
🗓️ 24 March 2023
⏱️ 22 minutes
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| 0:00.0 | Right now and fast, a bumpy trip to, well, nowhere, despite a week of worry from the |
| 0:06.3 | Fed, European banks and the ripple effect from our regionals, the markets finish the |
| 0:10.0 | week basically right where they started. |
| 0:12.3 | So why with all these worries as Wall Street seemingly so unfazed, plus, the Washington |
| 0:17.1 | Basis-China and Tiktok apples at Yotim Cook arrives in Beijing from geopolitics to a stock |
| 0:22.5 | surge. |
| 0:23.5 | We'll look at how apples seems to be the Teflon Tech Titan right now. |
| 0:26.9 | One later, one shining moment for gold, the precious metal topping, the $2,000 mark |
| 0:31.2 | this week for the first time in more than a year, stick around to hear why one of our |
| 0:34.8 | traders thinks this can still be an 18, maybe even a 424 carat trade from here. |
| 0:41.0 | I'm Melissa Lee. |
| 0:42.0 | This is Fast Money. |
| 0:43.0 | We're live at the Nasak Market site on the death tonight, Tim Seymour, Courtney Garcia, |
| 0:46.2 | Steve Grasso, and Guyadami. |
| 0:48.0 | We start off with a whipsaw action in the rates market. |
| 0:50.6 | The two-year falling as low as 3.56 percent in early trade, hitting its lowest level since |
| 0:55.6 | September, before bouncing back, it closed the day down by just a few basis points. |
| 1:00.3 | Long return meals also fell, the spread between the 10 and the two-year treasury, tighter than |
| 1:04.4 | it's been since late October. |
| 1:06.1 | Meantime stocks eaked out another day of gains, the S&P down a percent at its lows, finishing |
| 1:10.9 | the day up more than a half a percent. |
| 1:13.1 | The three major indices all managing to close out the week with gains and take a look |
... |
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